Bitcoin drops below seventy seven thousand dollars amid broader stock selloff
Image: Bitcoin.com NewsBitcoin fell below $77,000 as a technology stock selloff impacted risk assets. The decline erased gains from a post-election recovery. Cryptocurrency markets recorded over $835 million in total liquidations over 24 hours. Ethereum, Solana, and XRP also declined alongside traditional equities and semiconductor shares.
Key points
- Bitcoin fell below $77,000 during a sharp selloff in technology and semiconductor stocks.
- Bitcoin fell below $77,000 as a technology stock selloff impacted risk assets.
- Ethereum, Solana, and XRP also declined alongside traditional equities and semiconductor shares.
Why it matters
Broad market selloffs in equities can quickly impact digital asset prices and trigger widespread liquidations across leveraged cryptocurrency positions.
Price context · BTC
At publication
$76,515.00
Now
$75,896.00
Change since
−0.81%
7 days · dashed line = publication
Sources · 3 publishers
Crypto Briefing
Tier 2
Bitcoin tumbles below $77K as tech and crypto stocks plunge in broad market selloff
The Defiant
Tier 1
Bitcoin Slides Below $77,000 as Ether Sinks 7%
Coverage timeline
- First reported by Bitcoin.com News
- Also reported by Crypto Briefing
- CryptoVideos brief published
- 1 more publisher added to sources
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